Member Info for Skeletor

Let’s hope it stays above 100 this time rather than slowly dwindling back to the 80s.

Well I've dipped my toe in at 42.3p.

Hi Pokerchips

You mention a forward Eps of 7p but on the lowest estimate of £105m would this not be 7.6p or am I bodging my calculations? A 7.6p eps gives a p/e of 5.5 and a yield of 9% based on paying half of profits in dividends. And this is on the lowest end of profit range....

Obviously we could be being lied to/deceived but if you take RNS on face value then 42p feels like a great price....?

I topped up at 257 last week. Now tempted to add more which would make LGEN my biggest holding.. I am looking for the counter arguments to this.... any bears on this stock who can give a balanced view?

ThanksTom. I threw most of the cash at BT and also topped up my holding with Legal & General. Royal Mail
At 193 yesterday seemed a silly price despite their troubles. If they go there again pre divi then I would take a small punt.

I'm out. Think yesterdays drop across the market has revealed better value options than this. the increase in the market was what saved the AUM figure in the last update so if the market is lower for the next update I fear an even greater loss to AUM. I will put on watch list and if this goes anywhere near 330 again then I will try to get back in. GLA

Note to holders - Last time I exited this there was nearly a 10% rise over 2 days so may be worth holding until at least mid next week :)

Anyone else on LSE invested here? I have a small amount but after today’s drop I’m thinking of going in for more. Just don’t understand the valuation on this... that reasoning has got me burnt before though.

Well, you are either in or out now (I’m nervously in). I think tomorrow’s update will either be positive leading to disappointingly low recovery in sp but then a gradual increase over the coming months. Or worse than expected and another sizeable drop (which will again feel overdone so I will stupidly stay in/top up). Maybe I’m completely wrong but can’t imagine a scenario where this leaps on news....

This is the update on their operational review announced in April. By the drop today it feels like more negative news tomorrow. Hope not but getting used to seeing big drops the day before an update then the update justifying the drop.

Any thoughts on why this has started to move but Ig has actually had a bad couple of days? Neither have had any news specific to their own business so you would have thought the rise here is based on the volatility index and as mentioned elsewhere crypto currencies being traded but all this should be positive for all spread betting firms so a little baffled (and annoyed as I am invested in IG!)

Thanks in advance for any opinions and insight on this.

Why?

Seems good to me.....

Well this is just falling. Wonder what news is about to break which in hindsight will be a leak. On face value this is currently a great price but don’t want to get burnt.

Am I missing something? Ex div last Thursday but the big drop today.... so not because of the ex div.. what news have I missed?

Cheers

Been watching for a while. Think this is a good entry point.

I’d hate to see what would happen to this share price if update had been bad!

Not all doom and gloom then.

And the only Holdings announcement has been an increase... makes you wonder where sells have come from...?

Risehall- good advice but Blackrock increased their holding over the last few days.

I think if I wasn’t invested here I would be waiting for the first blue day - I suspect Wednesday next week and buying. As it is, I already have too much of my portfolio (about 12%) in here and an avg of 700ish. I am not going to average down until I have redressed the balance and by then I suspect we will know one way or the other and it will have recovered or become a “sell”.

Cheers

Cheers.

I thought you got the previous day after 3.30pm? So looking at 4pm today gives yesterday’s shorts?

I guess wait until Tuesday then.